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US PMIs Scream Stagflation As Manufacturing "Contracts", Prices Rise, Heaviest Job Cuts Since GFC

US PMIs Scream Stagflation As Manufacturing 'Contracts', Prices Rise, Heaviest Job Cuts Since GFC After a mixed bag from preliminary April European PMIs (Services strong-er, Manufacturing weaker-er, surging pric.....»»

Category: dealsSource: nytApr 23rd, 2024

Oil jumps amid hopes for further OPEC cuts, China factory growth

Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year......»»

Category: topSource: reutersDec 2nd, 2019

Oil rises over 1% on hopes for deeper OPEC cuts, Chinese factory growth

Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year......»»

Category: topSource: reutersDec 2nd, 2019

Oil jumps on Chinese factory growth, hopes for deeper OPEC cuts

Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year......»»

Category: topSource: reutersDec 1st, 2019

U.S. pork prices rise as fatal pig disease cuts global meat supply: Tyson Foods CEO

U.S. pork prices rose in recent weeks at a time when they would normally be falling, as a fatal pig disease in China is tightening global meat supplies, the chief executive of Tyson Foods Inc said on Tuesday......»»

Category: topSource: reutersNov 12th, 2019

Global shares, crude prices rise on U.S., China data

World equity markets surged and crude oil prices jumped on Friday after a stronger-than-expected U.S. employment report, a surprise bounce in Chinese manufacturing and optimism over U.S.-China trade talks tamped down fears of slowing global growth......»»

Category: topSource: reutersNov 1st, 2019

Shares, crude prices rise on U.S., China data

World equity markets surged and crude prices rose on Friday after a stronger-than-expected U.S. employment report, a surprise bounce in Chinese manufacturing and optimism over U.S.-China trade talks tamped down fears of slowing global growth......»»

Category: topSource: reutersNov 1st, 2019

Pending home sales rise 1.5% in September, thanks to lower mortgage rates

Pending home sales, which measure signed contracts to buy existing homes, rose for the second straight months. Realtors credit low mortgage rates, despite sky high prices......»»

Category: realestateSource: cnbcOct 29th, 2019

Oil slips as U.S. stocks rise; prospect of OPEC action supports

Oil prices slipped toward $59 a barrel on Wednesday on data showing a bigger-than-expected rise in U.S. crude stocks, while the prospect of deeper output cuts by OPEC and its allies offered support......»»

Category: topSource: reutersOct 23rd, 2019

Oil dips as U.S. stocks rise; prospect of OPEC action supports

Oil prices declined on Wednesday, holding below $60 a barrel on data showing a bigger-than-expected rise in U.S. crude stocks, but the prospect of deeper output cuts by OPEC and its allies offered support......»»

Category: topSource: reutersOct 23rd, 2019

Oil prices rise as OPEC mulls deeper output cuts

Oil prices rose on Tuesday after China signaled progress in trade talks with the United States and OPEC and its allies mulled deeper production cuts, but gains were capped by forecasts of a buildup in U.S. crude stockpiles......»»

Category: topSource: reutersOct 22nd, 2019

Oil prices rise as OPEC mulls deeper demand cuts

Oil prices rose on Tuesday after China signaled progress in trade talks with the United States and OPEC and its allies mulled deeper production cuts, but gains were capped by forecasts of a buildup in U.S. crude stockpiles......»»

Category: topSource: reutersOct 22nd, 2019

PG&E negotiates price cuts on five solar, battery contracts

PG&E Corp on Thursday told a U.S. bankruptcy judge that it had reached agreements to cut prices by at least 10% on five power contracts, according to court papers......»»

Category: topSource: reutersAug 1st, 2019

London markets rebound as oil prices rise and optimism for a Fed rate cut returns

London markets rebounded on Friday led by optimism over Federal Reserve rate cuts and an oil price boost for commodity stocks......»»

Category: topSource: marketwatchJul 19th, 2019

Oil prices rise on Iran tensions, OPEC output cuts

Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally......»»

Category: topSource: reutersJul 5th, 2019

Metals Stocks: Gold prices drop, log a loss of 1% for the week

Gold prices decline Friday, sending prices lower for the week, as a stronger better-than-expected rise in June U.S. jobs dulls expectations for interest-rate cuts and lifts the benchmark U.S. dollar index to a more than two-week high......»»

Category: topSource: marketwatchJul 5th, 2019

Gold prices drop 2% as a strong jobs report lifts the dollar

Gold prices decline by 2% on Friday, pushing prices lower for the week, as a stronger better-than-expected rise in June U.S. jobs dulls expectations for interest-rate cuts and lifts the benchmark dollar index to a more than two-week high......»»

Category: topSource: moneycentralJul 5th, 2019

Gold prices drop 2% as a strong jobs report lifts the dollar

Gold prices decline by 2% on Friday, pushing prices lower for the week, as a stronger better-than-expected rise in June U.S. jobs dulls expectations for interest-rate cuts and lifts the benchmark dollar index to a more than two-week high......»»

Category: topSource: moneycentralJul 5th, 2019

Metals Stocks: Gold prices drop 2% as a strong U.S. jobs report lifts the dollar

Gold prices decline by 2% on Friday, pushing prices lower for the week, as a stronger better-than-expected rise in June U.S. jobs dulls expectations for interest-rate cuts and lifts the benchmark dollar index to a more than two-week high......»»

Category: topSource: marketwatchJul 5th, 2019

Oil prices rise after U.S. crude stockpile drop

Oil prices rebounded slightly on Wednesday after a steep fall in the previous session as OPEC and its allies' decision to extend output cuts was not enough to counter investors' concerns about the slowing global economy......»»

Category: topSource: reutersJul 3rd, 2019

Oil dives 4% on demand worries even as OPEC, allies extend cuts

Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand......»»

Category: topSource: reutersJul 2nd, 2019